Ey Item Club

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Retail sales volumes fell by 0.5% in May 2022 following a rise of 0.4% in April, according to the latest figures published by the Office for National Statistics (ONS). However, sales volumes were 2.6% above their pre-coronavirus (COVID-19) February 2020 levels.

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The Bank of England (BoE) has raised interest rates again, from 1% to 1.25%, as it attempts to fight rising inflation. The bank’s Monetary Policy Committee (MPC) by a majority of 6-3, voted to increase the bank rate by 0.25 percentage points.

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The Bank of England (BoE) has raised interest rates from 0.75% to 1%, in an attempt to fight rising inflation. The bank's Monetary Policy Committee (MPC) by a majority of 6-3 to increase the bank rate by 0.25 percentage points. Those members in the minority preferred to increase the rate by 0.5 perc

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Inflation in the UK has hit a new thirty-year high, with prices rising by 6.2% in the 12 months to February, according to new figures published by the Office for National Statistics (ONS).

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The Bank of England has increased the interest rate for the third time in four months, with rates rising from 0.5% to 0.75%. The increase means that rates are now at their highest level since March 2020, when COVID-19 lockdowns were first implemented.

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Gross domestic product (GDP) bounced back in January 2022, increasing by 0.8% after falling by 0.2% in December 2021, according to the latest figures published by the Office for National Statistics (ONS).

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UK gross domestic product (GDP) is estimated to have increased by 1.0% in the final quarter of 2021, according to the latest statistics published by the Office for National Statistics  (ONS).

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Gross domestic product (GDP) is estimated to have grown by 0.9% in November 2021, according to the latest figures published by the Office for National Statistics (ONS).

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The Bank of England has raised interest rates from 0.1% to 0.25% in an attempt to fight rising inflation. The increase marks the first time that the bank's Monetary Policy Committee (MPC) has risen the rate in more than three years.

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UK consumer price inflation rose by 4.6% in the 12 months to November 2021, according to the latest figures published by the Office for National Statistics (ONS).

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